10 April 2013

Gold And Silver Registered Comex Ounces - On Notes From the Bailout Boys

These are the registered ounces of bullion in the Comex warehouse.  Tightness is appearing in the retail physical market, but nothing is showing up here, yet.

If you need a reminder, a brief explanation of what registered and eligible ounces on the Comex means is here.

Janet Tavakoli is a very witty person, as well as being derivatives expert, a financial writer and a noted novelist.

She just sent me this via email:
Notes from the bailout boys:
Goldman 2013: With our economists expecting few ramifications from Cyprus.

Goldman 2007:  AIG presents no counterparty risk.